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Session 1: Ethical and Professional Standards
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Reading 2-II: Standards of Professional Conduct & Guidance: Integrity of Capital Markets8 X5 h# ?# f9 @% T
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LOS B.: Market Manipulation.! A2 a" E( E- d7 }% X
. y, T1 M9 ^4 e! w. w4 ~Steve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in:" o- j4 u; P1 i) u2 X) W3 `
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发表于 2015-12-15 18:13:54
发表于 2019-5-20 13:22:13